Johor property old hand KSL readies family handover amid market boom
The Khoo family’s younger members take on larger roles ahead of at least RM3.8 billion in launches this year
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Inside Asia’s family empires: How they are transforming to seize the next stage of growth
[KUALA LUMPUR] As Johor’s property market stirs on the back of renewed investor interest, homebuyers’ demand and the Singapore spillover story, one of the state’s best-known family-run developers has been preparing for a generational handover.
The shift follows four decades of building the business from a small office in a district in northern Johor famed for its durians, to a Bursa Malaysia-listed group with a market capitalisation of nearly RM3.5 billion (S$1.1 billion), spanning townships, malls and hotels.
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